Watch the short film linked to below:
After watching the film, respond to the prompt below:
In your estimation, is the national debt overemphasized or underemphasized in political discussions? . . . What is it about deficits and debt that make the US government different from a household? . . . Finally, what do you believe are the prospects (short-run and long-run) prospects for reducing budget deficits to the point at which they become surpluses (in effect, reducing the national debt)?
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